Type a new keyword(s) and press Enter to search

Canada v the USSR

 

Because Canada has most of what it needs and most of its objectives are reached, issues such as Scarcity are less and less significant. Scarcity is still involved in the economy though. Recently in Ontario for example there wasn't enough energy to satisfy the people during the summer when air conditioners were being constantly used. In 1993 the federal government imposed a two-year ban on the commercial fishing of cod. In 1993, however, Ottawa imposed an unprecedented two-year ban on the commercial fishing of cod in areas extending from southern Labrador to the northern Grand Banks, because of a great decline in fish stocks. The fishing industry, although still an issue, is one of the few issues of scarcity that Canada faces. At the same time consumers can practice supply and demand tactics where they get to command which goods and services are produced; as long as the consumer has enough money, any goods and or services can be acquired.
             One major difference between Canada and the Soviet Union is who gets paid how much? The Soviet Union, which is focused heavily on eliminating the gap between the rich and the poor, was unable to accept the fact that certain people got paid more than others. Canada's current system divides the money unequally but it believes that it is being divided fairly. Canada understands that there will always be a gap between the rich and the poor but it is willing to accept it, as long as minimum wages continue to increase and stable pricing is continually implemented.
             The Soviet Union is generally a command economy (it has gives some freedom to make economic decisions). The Soviet government ran the economy and aimed to be the guide of the peoples work. The Soviet economy was adopted as a solution to the increasing division between the rich and poor. It all begins with the One-year and Five-year plans are generally self-explanatory. The one-year plans, which are developed at the highest level of the Soviet government, give the economy guidance in its objectives in its five-year plans.


Essays Related to Canada v the USSR